For Sale Commercial MLS# 26035892

1523 Highway 9 S

Perryville, AR 72126

$325,000

About 1523 Highway 9 S

This established storage unit business is 100% occupied with a waiting list, demonstrating strong demand and consistent rental income. The property currently includes 42 units divided equally between 2 buildings: four 5x10 units and thirty-eight 10x10 units. The 10x10 units offer additional flexibility, with the ability to combine two adjoining units into a 10x20 unit when back-to-back vacancies occur. The rear portion of the property is already cleared, providing potential for future expansion and additional storage units, subject to applicable approvals. Current gross annual rental income is approximately $38,400, with reported annual expenses of approximately $2,400, producing an estimated $36,000 NOI. A turnkey investment with established occupancy, a waiting list, and room for future growth.

Property details

Property

Type
Business, Bldg and Land
MLS type
Commercial / Industrial
Status
Active
Year built
2022
Living area
4,000 sqft
Price / sqft
$81
Lot
3.25 AC
Original price
$325,000
MLS #
26035892

Location

County
Perry
Directions
From Little Rock, take Highway 10 W and stay Highway 9 S. Property is on your left after The Branch Nursery/Lucky S Cafe. Coordinates here: 34.974827, -92.796923

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Listed by Casey Rucker, CMR Real Estate, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.